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Technology Stocks : All About Sun Microsystems
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To: Carmine Cammarosano who wrote ()4/17/2000 9:23:00 PM
From: techtonicbull  Read Replies (1) of 64865
 
Let's not allow ourselves to get too euphoric here. The largest point gain in the NASDQ after the largest one day loss, bodes ill for stability and a feeling of smooth "sailing".

I am concerned about the $77 price crossing the tape after the close of the market (of course at very low volume). But why did that occur?

I would not like to bet that SUNW will not take some knocks to the downside before it stabilizes.

I feel great earnings from EMC will lift all networking stocks (despite the fact that SUNW competes in storage). I hope that the $14 upward move in EMC is meaningful and borne out by the earnings tomorrow morning.

Short term I see volatility to the max!
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